HNB Rs. 10 b Sustainable Bond Issue oversubscribed

Wednesday, 10 December 2025 03:02 - - {{hitsCtrl.values.hits}}

Hatton National Bank PLC yesterday announced that its Sustainable Bond issue has been oversubscribed, after receiving applications exceeding Rs. 10 billion, prompting the bank to close the offer early at 4:30 p.m.

The bank opened subscriptions for up to Rs. 5 billion in listed, rated, unsecured, redeemable senior Sustainable Bonds, carrying five-year (2025/2030) and seven-year (2025/2032) tenors at a par value of Rs. 100 each. The structure allowed HNB to activate an additional Rs. 5 billion tranche in the event of an oversubscription, enabling a maximum issuance of Rs. 10 billion.

With demand surpassing this ceiling, the bank confirmed that the issue has been fully subscribed. HNB said the basis of allotment will be notified in due course.